If Donald Trump were to tweet that 9 is a prime number, that Minneapolis is in Idaho, and that the sun revolves around the Earth — “Make Earth Great Again!” — would even five Republican senators publicly disagree with even one of the tweets? This matters in assessing the wisdom of beginning an impeachment process against the president. If every ...

It’s all kicking off at the European Central Bank (ECB). Sabine Lautenschlaeger, the executive board member from Germany, is to resign at the end of October, slightly more than two years before the end of her mandate. Her exact motives are unknown, but they add to a sense of chaos at the central bank barely a month before a crucial ...

Jeff Zucker, the president of cable-news network CNN, is reportedly considered AT&T Inc.’s top internal candidate to become CEO of the entire WarnerMedia division. I can imagine what Donald Trump would make of this news. How should investors take it? WarnerMedia houses CNN, HBO, Warner Bros. and other media properties that made up the former Time Warner Inc., which AT&T ...

The world’s second-largest sovereign wealth fund is playing a dangerous game. China Investment Corp. aims to have as much of 50% of its portfolio in alternative assets by the end of 2022. That means the $941 billion fund is diving deeper into illiquid investments including real estate, infrastructure, hedge funds and private equity just as such trades are becoming increasingly ...

With crowds taking to the streets to call for action on climate change and activists haranguing the United Nations, the issue of global warming is once again front and center. The equivocation of former years seems belatedly to be giving way to a general realisation that something must be done. The effort will be sweeping and global, and starting now ...

Fear has taken control in the bidding war for German lighting group Osram Licht AG. A raised bid of 4 billion euros from AMS AG is well above what the target’s shareholders appeared happy to accept and what rival bidders had put on the table. Osram shareholders win. For AMS’s investors and staff, the risks have substantially increased. The sweetener ...

Private bankers have been gripped by their very own thriller this week, complete with Credit Suisse Group AG spying on a departing executive, an alleged car chase and a bust-up. Managing money for the rich isn’t what it used to be. Prosecutors are probing the incident and Switzerland’s second-largest bank is conducting its own inquiry to determine who among the ...

Bloomberg US stocks fell, while Treasuries rose after a key gauge of manufacturing posted the weakest reading since the end of the last recession. Gold turned higher along with the yen. The S&P 500 declined for the third time in four sessions, erasing an earlier advance more than 0.5 percent, after the Institute for Supply Management’s factory index slipped to ...

Bloomberg What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70 percent of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in this often murky corner of finance, data from CoinMarketCap.com show that the token with the highest daily and monthly ...

Bloomberg Indian regulators’ ability to come to grips with the nation’s banking crisis has been thrown into doubt amid reports that a cooperative lender had extended outsize loans to an insolvent developer. The Reserve Bank of India took the rare step of limiting withdrawals from Mumbai-based Punjab & Maharashtra Co-operative (PMC) Bank Ltd. Local media reported that loans to Housing ...